Atletico Madrid have initiated talks with Manchester City regarding a potential transfer for 24-year-old Argentina forward Julian Alvarez, who is also attracting interest from Arsenal .
Arsenal are considering a move for the World Cup winner, but may need to offload some players to fund his purchase .
Newcastle United are hopeful of securing a deal for Crystal Palace and England defender Marc Guehi, 24 . Palace have set an asking price of at least £50m upfront, along with add-ons, for Guehi .
Bournemouth have informed Tottenham that they will need to meet a £65m release clause to sign England forward Dominic Solanke, 26, this summer . Bournemouth have also identified Aston Villa and England Under-21 forward Cameron Archer, 22, as a potential replacement for Solanke .
RB Leipzig have warned Barcelona that they need to improve their offer of €61m (£51.8m) for Spain midfielder Dani Olmo, 26, if they wish to finalize a deal .
Juventus are close to signing Nice and France central defender Jean-Clair Todibo, 24, who has previously been linked with Manchester United and West Ham . Additionally, Juventus are set to return to Atalanta with an increased bid of around €55m for Netherlands midfielder Teun Koopmeiners, 26 .
Arsenal are demanding £30m plus a sell-on clause for England international Eddie Nketiah, 25, with Marseille pursuing the forward .
Liverpool are looking to complete a £13m deal with Lanus for Argentina youth international left-back Julio Soler, seen as a long-term replacement for Scotland defender Andrew Robertson, 30 .
Crystal Palace forward Jean-Philippe Mateta, 27, is eager to sign a new contract amid interest from RB Leipzig and Napoli .
Southampton remain optimistic about retaining defender Kyle Walker-Peters, 27, after West Ham withdrew from talks to sign him .
Former Aberdeen defender Scott McKenna, 27, who was released by Nottingham Forest this summer, could be moving to La Liga side Las Palmas .
Liverpool are seeking at least £12m to consider selling midfielder Bobby Clark, 19, who is being targeted by Red Bull Salzburg, Norwich, and Leeds .